Daniel Beaulieu Comment On Regulatory Notice 22-08
Daniel Beaulieu
N/A
There was a time where retail investing was uncommon, and markets have become more inclusive. That trend should continue, or at least not move backwards. Regulation should exist where there is information asymmetry and misaligned incentives, such as what CDO crisis that triggered 2008, which was mainly caused by banks not even understanding these assets and rating agencys being captured and failing to accurately asses the risks. Leveraged ETFs do not have an information asymmetry risk.
Daniel Beaulieu Comment On Regulatory Notice 22-08
There was a time where retail investing was uncommon, and markets have become more inclusive. That trend should continue, or at least not move backwards. Regulation should exist where there is information asymmetry and misaligned incentives, such as what CDO crisis that triggered 2008, which was mainly caused by banks not even understanding these assets and rating agencys being captured and failing to accurately asses the risks. Leveraged ETFs do not have an information asymmetry risk.